BOISE,
Idaho, March 17, 2025 /PRNewswire/ - Perpetua
Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or
"Perpetua" or the "Company") today announced it has been added to
the Market Vectors Junior Gold Miners Index and the VanEck Junior
Gold Miners ETF ("GDXJ"), effective at market close on
March 21, 2025 pursuant to the GDXJ's quarterly
rebalance.
The GDXJ is a globally recognized exchange traded fund that
tracks small-cap companies primarily involved in gold and silver
development and mining. Inclusion in this ETF may increase
Perpetua's common share liquidity and further position the Stibnite
Gold Project as an attractive investment opportunity for investors
seeking exposure to an industry leading gold project and the only
potentially mined source of the critical mineral antimony in
the United States.
"We are excited to be included in the VanEck Junior Gold Miners
ETF, a milestone that reinforces the investment case for Perpetua
Resources," said Jon Cherry,
President and CEO. "This inclusion reflects the hard work and
dedication of our team and positions Perpetua to attract a broader
base of institutional and retail investors. As we continue to
advance the Stibnite Gold Project and execute on our strategy, we
look forward to building on this momentum."
About Perpetua Resources and the Stibnite Gold
Project
Perpetua Resources Corp., through its wholly owned
subsidiaries, is focused on the exploration, site restoration and
redevelopment of gold-antimony-silver deposits in the
Stibnite-Yellow Pine district of central Idaho that are encompassed by the Stibnite
Gold Project. The Project is one of the highest-grade, open
pit gold deposits in the United
States and is designed to apply a modern, responsible mining
approach to restore an abandoned mine site and produce both gold
and the only mined source of antimony in the United States. Further advancing Perpetua
Resources' ESG and sustainable mining goals, the Project will be
powered by one of the lowest carbon emissions grids in the nation
and a portion of the antimony produced from the Project will be
supplied to Ambri, a U.S.-based company commercializing a low-cost
liquid metal battery essential for the low-carbon energy
transition. Perpetua Resources has been awarded a Technology
Investment Agreement ("TIA") of $59.2 million in Defense
Production Act Title III ("DPA") funding to advance construction
readiness and permitting of the Project. Antimony trisulfide from
Stibnite is the only known domestic source of antimony that can
meet U.S. defense needs for many small arms, munitions, and missile
types. In addition to the company's commitments to transparency,
accountability, environmental stewardship, safety and community
engagement, Perpetua Resources adopted formal ESG commitments which
can be found here.
Forward-Looking Information
Investors should be aware that the inclusion of the Company
in the GDXJ does not indicate any certainty on the part of GDXJ
with regard to the duration of the Company's inclusion in GDXJ.
Investors should also be aware that the Company has no discretion
over future GDXJ rebalancings and the level of exposure GDXJ will
have to the Company's common shares in the future, and any impacts
to trading volumes as a result of such future rebalancings.
Moreover, the inclusion of the Company in the GDXJ does not
indicate that additional metals and mining related exchange traded
funds, indexes and mutual funds will add the Company in the future.
Furthermore, the Company's inclusion in the GDXJ neither ensures
higher trading volumes nor precludes lower trading volumes, either
of which may adversely impact the price of the Company's common
shares in the future.
Statements contained in this news release that are not
historical facts are "forward-looking information" or
"forward-looking statements" (collectively, "Forward-Looking
Information") within the meaning of applicable Canadian securities
legislation and the United States Private Securities Litigation
Reform Act of 1995. Forward-Looking Information includes, but is
not limited to, disclosure regarding the market visibility and
liquidity of the Company's common shares; the attractiveness of the
Stibnite Gold Project (the "Project") to investors seeking gold and
antimony exposure; that the Stibnite Gold Project results in the
outcomes we expected; our ability to comply with, obtain and defend
permits related to the Project; our ability to successfully
implement and fund the Project and the occurrence of the expected
benefits from the Project; and our and Ambri Inc.'s ability to
perform under the supply agreement. In certain cases,
Forward-Looking Information can be identified by the use of words
and phrases or variations of such words and phrases or statements
such as "anticipate", "expect", "plan", "likely", "believe",
"intend", "forecast", "project", "estimate", "potential", "could",
"may", "will", "would" or "should". In preparing the
Forward-Looking Information in this news release, Perpetua
Resources has applied several material assumptions, including, but
not limited to, assumptions that the inclusion in the GDXJ will
increase visibility of the Project; and that inclusion in the GDXJ
will increase liquidity for common shares of the Company; that the
current exploration, development, environmental and other
objectives concerning the Project can be achieved and that its
other corporate activities will proceed as expected.
Forward-Looking Information are based on certain material
assumptions and involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of Perpetua Resources to be materially different from
any future results, performance or achievements expressed or
implied by the Forward-Looking Information. Such risks and other
factors include, among other things, those factors discussed in
Perpetua Resources' public filings with the U.S. Securities and
Exchange Commission (the "SEC") and its Canadian disclosure record.
Although Perpetua Resources has attempted to identify important
factors that could affect Perpetua Resources and may cause actual
actions, events or results to differ materially from those
described in Forward-Looking Information, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that
Forward-Looking Information will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on Forward-Looking Information. For further
information on these and other risks and uncertainties that may
affect the Company's business and liquidity, see the "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" sections of the Company's filings with
the SEC, which are available at www.sec.gov and with the Canadian
securities regulators, which are available at www.sedar.com. Except
as required by law, Perpetua Resources does not assume any
obligation to release publicly any revisions to Forward-Looking
Information contained in this news release to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
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SOURCE Perpetua Resources Corp.
